Profiting From Global Growth in Car Smashups

Shares of Solera Holdings are a play on a niche business tied to auto-accident claims.

Automobile accidents are unfortunate occurrences of modern life. But they ring the cash register at Solera Holdings.

Solera (ticker: SLH) is a leading global provider of software and services for accident insurance processing. Basically, the company collects historical data from auto-body shops, mechanics and junkyards on the extent and costs of banging out that dented fender or other more costly repairs. It then shares the...